DEXCOM, INC.

EDGAR

Annual consolidated revenue for 2025: about USD 4.662B, using the latest reported figures. The previous period, 2024, was about USD 4.033B.

Watchlist

Latest quarter

Revenue

1.34 billion USD

2026 Q3 · USD

Exact inputs and evidence
  • Revenue: 1344500000 USD Source

Operating margin

24.34%

2026 Q3 · %

Exact inputs and evidence
  • Operating Income: 327200000 USD Source
  • Revenue: 1344500000 USD Source

Operating cash flow

326 million USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 1120400000 USD Source
  • Operating Cash Flow: 794800000 USD Source

Free cash flow

273 million USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 1120400000 USD Source
  • Operating Cash Flow: 794800000 USD Source
  • Capital Expenditure: 214200000 USD Source
  • Capital Expenditure: 161300000 USD Source
Cash and cash equivalents
961 million USD Source
Exact value

961400000 USD

Long-term debt including current maturities
Not available
Shares outstanding
373 million shares Source
Exact value

373000000 shares

Reported share-count change

-4.36% · -17 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 390000000 shares · 2025-09-30· Source
  • 373000000 shares · 2026-09-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

5.1 billion USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Revenue: 4662000000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 3402400000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 1191900000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 1308400000 USD · 2026-04-01 – 2026-06-30 Source
  • Revenue: 1344500000 USD · 2026-07-01 – 2026-09-30 Source

Net income

991 million USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Net income: 836300000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: 569000000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: 199500000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: 249100000 USD · 2026-04-01 – 2026-06-30 Source
  • Net income: 275100000 USD · 2026-07-01 – 2026-09-30 Source

Operating cash flow

1.41 billion USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Operating cash flow: 1440700000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 1146700000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 525600000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 794800000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 525600000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 1120400000 USD · 2026-01-01 – 2026-09-30 Source
  • Operating cash flow: 794800000 USD · 2026-01-01 – 2026-06-30 Source

Capital expenditure

316 million USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Capital expenditure: 363500000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 261600000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 76600000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 161300000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 76600000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 214200000 USD · 2026-01-01 – 2026-09-30 Source
  • Capital expenditure: 161300000 USD · 2026-01-01 – 2026-06-30 Source

Free cash flow

1.1 billion USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Operating cash flow: 1440700000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 1146700000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 525600000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 794800000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 525600000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 1120400000 USD · 2026-01-01 – 2026-09-30 Source
  • Operating cash flow: 794800000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 363500000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 261600000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 76600000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 161300000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 76600000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 214200000 USD · 2026-01-01 – 2026-09-30 Source
  • Capital expenditure: 161300000 USD · 2026-01-01 – 2026-06-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-29.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • Operating income: 11 of 11 periods available· newest 2025-12-31
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 11 of 11 periods available· newest 2025-12-31
  • Total assets: 11 of 11 periods available· newest 2025-12-31
  • Total liabilities: 11 of 11 periods available· newest 2025-12-31
  • Current assets: 11 of 11 periods available· newest 2025-12-31
  • Current liabilities: 11 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: 11 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +15.6%

    Prior period

    USD 4.03 billion

    –

    Current period

    USD 4.66 billion

    –

    Exact inputs and evidence

    4662000000 − 4033000000 = 629000000 USD

    4033000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    4662000000 USD · 2025-01-01 – 2025-12-31

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  • Net income

    +45.1%

    Prior period

    USD 576.2 million

    –

    Current period

    USD 836.3 million

    –

    Exact inputs and evidence

    836300000 − 576200000 = 260100000 USD

    576200000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    836300000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +45.6%

    Prior period

    USD 989.5 million

    –

    Current period

    USD 1.44 billion

    –

    Exact inputs and evidence

    1440700000 − 989500000 = 451200000 USD

    989500000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    1440700000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    +1.3%

    Prior period

    USD 358.8 million

    –

    Current period

    USD 363.5 million

    –

    Exact inputs and evidence

    363500000 − 358800000 = 4700000 USD

    358800000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    363500000 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 4.66 billion 100% of revenue
  • Cost of revenue USD 1.86 billion 40% of revenue
  • Operating expenses USD 1.89 billion 41% of revenue
  • Operating income USD 911.8 million 20% of revenue
  • Tax, interest and other Derived USD 75.5 million 1.6% of revenue
  • Net income USD 836.3 million 18% of revenue

Cash

  • Operating cash flow USD 1.44 billion 31% of revenue
  • Capital expenditure USD 363.5 million 7.8% of revenue
  • Free cash flow Derived USD 1.08 billion 23% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 Operating loss: operating costs were 111% of revenue.
  • 2017 Operating loss: operating costs were 106% of revenue.
  • 2018 Operating loss: operating costs were 118% of revenue.
  • 2019 90%
  • 2020 Net income was higher than operating income, so the split is not drawn.
  • 2021 89%
  • 2022 12%87%
  • 2023 15%83%
  • 2024 14%85%
  • 2025 18%80%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-31573300000 637200000 Derived -63900000 1700000 Derived -65600000 500000 Derived
Source
2017 2017-01-01 – 2017-12-31718500000 761000000 Derived -42500000 7700000 Derived -50200000 26000000 Derived
Source
2018 2018-01-01 – 2018-12-311031600000 1217900000 Derived -186300000 -59200000 Derived -127100000 56100000 Derived
Source
2019 2019-01-01 – 2019-12-311476000000 1333700000 Derived 142300000 41200000 Derived 101100000 134500000 Derived
Source
2020 2020-01-01 – 2020-12-311926700000 1627200000 Derived 299500000 -250200000 Derived 549700000 276600000 Derived
Source
2021 2021-01-01 – 2021-12-312448500000 2182700000 Derived 265800000 48900000 Derived 216900000 53300000 Derived
Source
2022 2022-01-01 – 2022-12-312909800000 2518600000 Derived 391200000 50000000 Derived 341200000 304700000 Derived
Source
2023 2023-01-01 – 2023-12-313622300000 3024600000 Derived 597700000 56200000 Derived 541500000 511900000 Derived
Source
2024 2024-01-01 – 2024-12-314033000000 3433000000 Derived 600000000 23800000 Derived 576200000 630700000 Derived
Source
2025 2025-01-01 – 2025-12-314662000000 3750200000 Derived 911800000 75500000 Derived 836300000 1077200000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 4.7B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.5.0B3.8B2.5B1.3B0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue573300000
2017Revenue718500000
2018Revenue1031600000
2019Revenue1476000000
2020Revenue1926700000
2021Revenue2448500000
2022Revenue2909800000
2023Revenue3622300000
2024Revenue4033000000
2025Revenue4662000000

Revenue growth

Change in revenue from the same financial period one year earlier.

15.6% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.47%35%24%12%0%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year42.6%
2017Year over year25.3%
2018Year over year43.6%
2019Year over year43.1%
2020Year over year30.5%
2021Year over year27.1%
2022Year over year18.8%
2023Year over year24.5%
2024Year over year11.3%
2025Year over year15.6%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 19.6% 2025
Net margin 17.9% 2025
Free cash flow margin 23.1% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.32%19%5%-8%-22%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin-11.1%
2017Operating margin-5.9%
2018Operating margin-18.1%
2019Operating margin9.6%
2020Operating margin15.5%
2021Operating margin10.9%
2022Operating margin13.4%
2023Operating margin16.5%
2024Operating margin14.9%
2025Operating margin19.6%
2016Net margin-11.4%
2017Net margin-7%
2018Net margin-12.3%
2019Net margin6.8%
2020Net margin28.5%
2021Net margin8.9%
2022Net margin11.7%
2023Net margin14.9%
2024Net margin14.3%
2025Net margin17.9%
2016Free cash flow margin0.1%
2017Free cash flow margin3.6%
2018Free cash flow margin5.4%
2019Free cash flow margin9.1%
2020Free cash flow margin14.4%
2021Free cash flow margin2.2%
2022Free cash flow margin10.5%
2023Free cash flow margin14.1%
2024Free cash flow margin15.6%
2025Free cash flow margin23.1%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 1.4B 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.6B1.2B778.0M389.0M0.0201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow56200000
2017Operating cash flow92000000
2018Operating cash flow123200000
2019Operating cash flow314500000
2020Operating cash flow475600000
2021Operating cash flow442500000
2022Operating cash flow669500000
2023Operating cash flow748500000
2024Operating cash flow989500000
2025Operating cash flow1440700000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 1.1B 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.2B872.5M581.7M290.8M0.0201620212025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flow500000
2017Free cash flow26000000
2018Free cash flow56100000
2019Free cash flow134500000
2020Free cash flow276600000
2021Free cash flow53300000
2022Free cash flow304700000
2023Free cash flow511900000
2024Free cash flow630700000
2025Free cash flow1077200000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

56.7% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.73%55%36%18%0%201620212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets29.5%
2017Liabilities / assets53.6%
2018Liabilities / assets65.4%
2019Liabilities / assets63.1%
2020Liabilities / assets57.4%
2021Liabilities / assets58.6%
2022Liabilities / assets60.5%
2023Liabilities / assets67%
2024Liabilities / assets67.6%
2025Liabilities / assets56.7%

Current assets to current liabilities

Current assets divided by current liabilities.

1.88× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.8.25×6.19×4.13×2.06×0.00×201620212025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016Current assets / current liabilities2.73×
2017Current assets / current liabilities5.36×
2018Current assets / current liabilities7.64×
2019Current assets / current liabilities5.47×
2020Current assets / current liabilities5.58×
2021Current assets / current liabilities5.11×
2022Current assets / current liabilities1.99×
2023Current assets / current liabilities2.84×
2024Current assets / current liabilities1.47×
2025Current assets / current liabilities1.88×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
−USD 65.6 million
Exact value

Exact value: -65600000 USD

2016-01-01 – 2016-12-31: -65600000 USD Inspect Net Income Open source
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USD 56.2 million
Exact value

Exact value: 56200000 USD

2016-01-01 – 2016-12-31: 56200000 USD Inspect Operating Cash Flow Open source
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USD 55.7 million
Exact value

Exact value: 55700000 USD

2016-01-01 – 2016-12-31: 55700000 USD Inspect Capital Expenditure Open source
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USD 500,000
Calculation and evidence

56200000 − 55700000 USD

Exact free cash flow: 500000 USD

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2017 2017-01-01 – 2017-12-31
−USD 50.2 million
Exact value

Exact value: -50200000 USD

2017-01-01 – 2017-12-31: -50200000 USD Inspect Net Income Open source
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USD 92 million
Exact value

Exact value: 92000000 USD

2017-01-01 – 2017-12-31: 92000000 USD Inspect Operating Cash Flow Open source
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USD 66 million
Exact value

Exact value: 66000000 USD

2017-01-01 – 2017-12-31: 66000000 USD Inspect Capital Expenditure Open source
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USD 26 million
Calculation and evidence

92000000 − 66000000 USD

Exact free cash flow: 26000000 USD

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2018 2018-01-01 – 2018-12-31
−USD 127.1 million
Exact value

Exact value: -127100000 USD

2018-01-01 – 2018-12-31: -127100000 USD Inspect Net Income Open source
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USD 123.2 million
Exact value

Exact value: 123200000 USD

2018-01-01 – 2018-12-31: 123200000 USD Inspect Operating Cash Flow Open source
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USD 67.1 million
Exact value

Exact value: 67100000 USD

2018-01-01 – 2018-12-31: 67100000 USD Inspect Capital Expenditure Open source
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USD 56.1 million
Calculation and evidence

123200000 − 67100000 USD

Exact free cash flow: 56100000 USD

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2019 2019-01-01 – 2019-12-31
USD 101.1 million
Exact value

Exact value: 101100000 USD

2019-01-01 – 2019-12-31: 101100000 USD Inspect Net Income Open source
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USD 314.5 million
Exact value

Exact value: 314500000 USD

2019-01-01 – 2019-12-31: 314500000 USD Inspect Operating Cash Flow Open source
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USD 180 million
Exact value

Exact value: 180000000 USD

2019-01-01 – 2019-12-31: 180000000 USD Inspect Capital Expenditure Open source
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USD 134.5 million
Calculation and evidence

314500000 − 180000000 USD

Exact free cash flow: 134500000 USD

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2020 2020-01-01 – 2020-12-31
USD 549.7 million
Exact value

Exact value: 549700000 USD

2020-01-01 – 2020-12-31: 549700000 USD Inspect Net Income Open source
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USD 475.6 million
Exact value

Exact value: 475600000 USD

2020-01-01 – 2020-12-31: 475600000 USD Inspect Operating Cash Flow Open source
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USD 199 million
Exact value

Exact value: 199000000 USD

2020-01-01 – 2020-12-31: 199000000 USD Inspect Capital Expenditure Open source
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USD 276.6 million
Calculation and evidence

475600000 − 199000000 USD

Exact free cash flow: 276600000 USD

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2021 2021-01-01 – 2021-12-31
USD 216.9 million
Exact value

Exact value: 216900000 USD

2021-01-01 – 2021-12-31: 216900000 USD Inspect Net Income Open source
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USD 442.5 million
Exact value

Exact value: 442500000 USD

2021-01-01 – 2021-12-31: 442500000 USD Inspect Operating Cash Flow Open source
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USD 389.2 million
Exact value

Exact value: 389200000 USD

2021-01-01 – 2021-12-31: 389200000 USD Inspect Capital Expenditure Open source
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USD 53.3 million
Calculation and evidence

442500000 − 389200000 USD

Exact free cash flow: 53300000 USD

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2022 2022-01-01 – 2022-12-31
USD 341.2 million
Exact value

Exact value: 341200000 USD

2022-01-01 – 2022-12-31: 341200000 USD Inspect Net Income Open source
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USD 669.5 million
Exact value

Exact value: 669500000 USD

2022-01-01 – 2022-12-31: 669500000 USD Inspect Operating Cash Flow Open source
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USD 364.8 million
Exact value

Exact value: 364800000 USD

2022-01-01 – 2022-12-31: 364800000 USD Inspect Capital Expenditure Open source
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USD 304.7 million
Calculation and evidence

669500000 − 364800000 USD

Exact free cash flow: 304700000 USD

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2023 2023-01-01 – 2023-12-31
USD 541.5 million
Exact value

Exact value: 541500000 USD

2023-01-01 – 2023-12-31: 541500000 USD Inspect Net Income Open source
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USD 748.5 million
Exact value

Exact value: 748500000 USD

2023-01-01 – 2023-12-31: 748500000 USD Inspect Operating Cash Flow Open source
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USD 236.6 million
Exact value

Exact value: 236600000 USD

2023-01-01 – 2023-12-31: 236600000 USD Inspect Capital Expenditure Open source
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USD 511.9 million
Calculation and evidence

748500000 − 236600000 USD

Exact free cash flow: 511900000 USD

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2024 2024-01-01 – 2024-12-31
USD 576.2 million
Exact value

Exact value: 576200000 USD

2024-01-01 – 2024-12-31: 576200000 USD Inspect Net Income Open source
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USD 989.5 million
Exact value

Exact value: 989500000 USD

2024-01-01 – 2024-12-31: 989500000 USD Inspect Operating Cash Flow Open source
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USD 358.8 million
Exact value

Exact value: 358800000 USD

2024-01-01 – 2024-12-31: 358800000 USD Inspect Capital Expenditure Open source
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USD 630.7 million
Calculation and evidence

989500000 − 358800000 USD

Exact free cash flow: 630700000 USD

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2025 2025-01-01 – 2025-12-31
USD 836.3 million
Exact value

Exact value: 836300000 USD

2025-01-01 – 2025-12-31: 836300000 USD Inspect Net Income Open source
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USD 1.44 billion
Exact value

Exact value: 1440700000 USD

2025-01-01 – 2025-12-31: 1440700000 USD Inspect Operating Cash Flow Open source
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USD 363.5 million
Exact value

Exact value: 363500000 USD

2025-01-01 – 2025-12-31: 363500000 USD Inspect Capital Expenditure Open source
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USD 1.08 billion
Calculation and evidence

1440700000 − 363500000 USD

Exact free cash flow: 1077200000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

425 filings · 5,256 latest values · 5,256 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001093557, 1093557, DXCM, dxcm, edgar:1093557

Also known as DEXCOM INC, DEXCOM, INC.